Builder Floor — Third Floor with Full Terrace
Greater Kailash II
Transaction snapshot
A 1,000 sq yd plot. 13–14 ft ceilings. Two dedicated driveways. A private lift. A double-height entrance lobby with a spiral staircase. The market was offering a normal floor price. We disagreed.
The situation
The property was unlike anything else available in Greater Kailash II at the time. A third floor with the entire terrace on a 1,000 sq yd plot — already a rare combination. But what made it genuinely exceptional was the construction itself: ceiling heights of 13 to 14 feet, two dedicated driveways serving this floor alone, a private lift with its own private lobby, and a double-height entrance lobby exceeding 20 feet with a spiral staircase rising through it.
The seller had been receiving offers. The problem was that every offer was priced as if this were a standard floor — 10 to 11 feet ceilings, shared access, nothing remarkable. The market was treating an extraordinary property as an ordinary one, and the seller was beginning to wonder whether the price they had in mind was simply too high.
The complexity
The core challenge was not the property. It was the perception of the property.
Buyers who had not physically stood inside that entrance lobby — who had not looked up at 20 feet of height and felt the difference — were not ready to pay for it. They were comparing it to other third floors in the area on a per-square-foot basis, and on that metric, the price looked high. The ceiling height, the private lift, the two driveways: none of these registered as value until someone experienced them.
There were also voices in the market — brokers, advisors, people with opinions — telling the seller that the price was unrealistic. That the right thing to do was to come down. That the area had a ceiling and this property was above it.
We disagreed. The area had a ceiling for ordinary properties. This was not an ordinary property.
The work
The first thing we did was reframe the pitch entirely. This was not a third floor with a terrace. This was a private residence with its own entrance, its own lift, its own driveways, and a volume of space that no other floor in the area could offer. The buyer we needed was not someone comparing floors. It was someone who would walk in, look up, and understand immediately.
We shot videos. Proper videos — not a walkthrough on a phone, but content designed to communicate the scale of the space before a buyer ever visited in person. The ceiling height, the spiral staircase, the double-height lobby: these needed to be seen to be believed, and we made sure the right people saw them before they arrived.
We targeted the content carefully. The buyer for this property was not going to be found by circulating a listing on broker groups. We pushed the content to reach people who had the appetite for something genuinely different — and the budget to match.
When buyers came in person, the property did the rest. The moment someone stood in that entrance lobby and looked up, the conversation changed. The price stopped being a question.
The outcome
The property sold at a price that was, by any measure, the highest achieved for a third floor and terrace in that area at the time. Not the highest by a small margin — meaningfully higher than comparable transactions, because no comparable transaction had the features this one had.
Both buyer and seller came out of the transaction in full agreement with the approach. The seller, who had been told by others to lower the price, received what the property was actually worth. The buyer, who paid a premium, got something that could not be replicated elsewhere in the market.
The client relationship that came out of this is one we expect to last a long time.
Property video
One observation
The lesson from this transaction is one I come back to often: the market is not always right about price. The market is right about price for ordinary things. For extraordinary things, the market needs to be shown what it is looking at before it can price it correctly.
Our job in this case was not just to find a buyer. It was to build the context in which the right buyer could recognise the value — and be willing to pay for it. That required conviction in the face of contrary opinions, the right content strategy, and patience to wait for the buyer who would understand.
When that buyer walked in and looked up at that lobby, everything we had said was confirmed in about thirty seconds.
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